Indian Government Bond Yields Fall as Oil Slides
Indian government bonds rallied Wednesday, with the benchmark 6.94% 2036 yield down 4 basis points. The report linked the move to crude’s steep decline and hopes for Middle East peace after a Democratic sweep in the US midterm elections.
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INDIA BONDS-Oil slide, Treasury strength boost Indian bonds Updates post market open By Khushi Malho
By Khushi MalhotraIndian government bonds soared on Wednesday, as crude's steep descent in recent sessions emboldened traders to add positions, while a Democratic sweep in the US midterm elections lifted hopes of peace in the Middle East.The benchmark 6.94% 2036 bond (IN069436G=CC) yield was down 4…